How many Cambodians are living in poverty? According to the government’s figures, using income as the only indicator, poverty stands at 13.5 percent, a considerable feat given that it was in the realm of 40 percent only two decades ago. It is also something the government regularly boasts about – indeed, the narrative goes that because the ruling party, the Cambodian People’s Party (CPP) led by Hun Sen, which just secured a new term in elections this year, has radically improved living standards, blind eyes should be turned as it becomes more repressive and dictatorial.
Ratings agency Moody's on Monday said the withdrawal of a duty-free trading access by the European Union for Cambodia over the Southeast Asian nation's human rights record would have a negative effect on European investments in the country.
The World Economic Forum (WEF) has released the latest version of its Global Competitiveness Index which saw differing fortunes for longstanding Asian giants. Cambodia dropped by one spot to 110th.
Chinese money has transformed the once-sleepy backpacker
destination of Sihanoukville, Cambodia into a gambling resort hub with 30
casinos, and 70 more being built. It's touted as the "New Macau".
https://bit.ly/2Pn3zlz;
Cambodia plans to send about 5,000 migrant workers to Kuwait for the first time next year.
https://bit.ly/2Prs4Os; https://bit.ly/2As0rNe;
Senior members of the Cambodian regime have amassed multi-million-dollar properties and business portfolios in Melbourne, raising questions about the clout of the foreign ruling party in Australia amid its escalating global campaign to silence dissenters.https://ab.co/2PVCfbj
